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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Crude is off the weekly high but not collapsing. WTI is $90.11, down $0.41 or 0.45%; Brent is $97.65, down $0.64 or 0.65%; natural gas is $3.00, up $0.05; and the Bakken differential is -$3.42 versus WTI. OilPrice.com reports that December WTI shed $11.37, or 11.10%, from its opening price of $102.39, hit a weekly high of $102.75, broke sharply to $86.65, and was trading near $91.58 early Friday. Rigzone’s Nov. 5 wire says crude rebounded after the sharp Iran-war selloff. Flagging a discrepancy: OilPrice.com’s early-Friday quote near $91.58 does not match the current $90.11 price in today’s data; that is a timing/contract difference, not a confirmed same-minute level. No EIA or API inventory release is in today’s provided data.

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